A Power of Attorney form is used by one individual to designate another individual as their agent with authority to perform certain legal acts on their behalf. This document, a Irrevocable Power of Attorney designating clerk of court as agent for service of process , can be used to designate an individual to perform the named task. Adapt to fit your facts and circumstances as needed. Available for download now in standard format(s).
Irrevocable Power Of Attorney With Consideration
Category:
State:
Colorado
Control #:
CO-JDF-721
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Word;
PDF;
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Description
How to fill out Colorado Irrevocable Power Of Attorney Designating Clerk Of Court As Agent For Service Of Process?
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FAQ
Irrevocable powers of attorney are useful tools to provide assurance to financiers and others that acts will be done. An irrevocable power of attorney also remains effective notwithstanding that an act is done by the attorney without the concurrence of the principal.
Where Do I File a Power of Attorney in Texas? Most powers of attorney do not need to be filed with a court. However, suppose a power of attorney is used for a real estate transaction that generally must be recorded. In that case, the power of attorney must also be filed with the county clerk.
However, in the case of a power coupled with an interest, the agency is created for the benefit of the agent in order to protect some title or right in the subject of the agency or secure some performance to the agent.
Power of Attorney can also be irrevocable where it is given for consideration. It cannot be affected by bankruptcy, insanity, death or lunacy until the consideration is extinguished. If it is granted for a defined period, it remains irrevocable until the period expires.
An irrevocable power of attorney defines the principal and the person who can make decisions on their behalf, called the agent. Additionally, the power of attorney describes the exact decision-making powers granted to the agent, including any limitations to their authority.